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Brownfield News in Brownfield, Texas

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This newspaper page contains 2 articles. Subscribers can read the full text of each article.

Newspaper

Brownfield News

Location

Brownfield, Texas, United States of America

Date

May 04, 1972

Page

3

High Plains Cotton Growers Remind of Anniversary Loan

Plains Cotton Growers Inc. of Lubbock urges producers holding 1971 crop short staple cotton to apply for the CCC anniversary loan. The program lets growers retain title to their cotton for 10 months from loan start, with final loan application date May 31, 1972. This replaces earlier programs that ended in July and offered shorter windows to find buyers.

High Plains Plains Coteton Growers, Inc Lubbocke R Organization Commodity Credit Corporation CCC

Plains cotton market eyed as loans extend to 1973

PCG Executive Vice President Donald Johnson says the anniversary loan gives producers time to react to market swings as many Plains growers hold short staple cotton. Demand for low quality cotton remains uneven due to overproduction and tight exports under Public Law 480, with microne readings driving prices lower.

PCG Donald Johnson Plains Johnson U. S

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